The World Is Headed For A Massive & Terrifying Collapse
June 7, 2014
Today a 42-year market veteran warned King World News that the world is now headed for a massive and terrifying collapse. Below is what Egon von Greyerz, who is founder of Matterhorn Asset Management out of Switzerland, had to say in this extraordinary interview.
Greyerz: “Eric, since 2007 the world has created tens of trillions of dollars of paper money, either by QE or by increased lending. So why haven’t we had any significant inflation? Well, it’s simply due the manipulated way in which most countries produce inflation figures.
For example, most people in the world, whether it’s in the U.S., Europe, or in Japan, are experiencing significant inflation in food and energy….